SDGE new rates for 2019

SDGE new rates for 2019

San Diego Gas & Electric Company (SDG&E®) filed an Application with the California Public Utilities Commission (CPUC) requesting to increase revenues for its 2019-2022 General Rate Case (GRC). SDG&E is requesting to increase revenue by $218 million to $2.199 billion in 2019. This Application also proposes increases in 2020–2022 as shown in the table below. SDG&E is requesting this increase for its business operations (administrative expenses), infrastructure, maintenance, safety measures, modernization of facilities, and inflation.

KEY REASONS WHY SDG&E IS ASKING FOR INCREASES ARE:

To continue to invest in its gas and electric systems to enhance safety and reliability, and to manage risks that could impact their employees, customers, and/or system;

To educate customers on gas and electricity efficiency programs and management;

To invest in its gas and electricity systems and technologies that advance clean energy for customers and the environment;

To fund support services and employee training to keep SDG&E operating and to provide SDG&E’s customers with safe, reliable and responsive customer service; and

To meet regulatory and compliance requirements driven by system safety and reliability and environmental compliance.

SDG&E REQUESTS A TOTAL INCREASE OF $218 MILLION FOR GAS AND ELECTRIC SERVICE EFFECTIVE JANUARY 1, 2019

This request is for an increase of $218 million (11.0%) in 2019. The request also includes a 7.3% increase in 2020, a 5.2% increase in 2021 and a 5.1% increase in 2022, resulting in increases up to $160 million in 2020, $123 million in 2021 and $126 million in 2022. This increase consists of the following:

ESTIMATED IMPACT OF THIS REQUEST ON ELECTRIC RATES The electric portion of this GRC represents a $114 million increase in revenue. SDG&E estimates that the requested revenue requirement may be distributed in the manner shown in the table below. How this increase is assigned to customer classes will be determined in a separate proceeding.

If the CPUC approves SDG&E’s request for an electric rate increase, the winter bill for a typical bundled residential customer living in the inland climate zone and using 500 kWh per month would increase $6.26, or 5.0 percent in 2019. Individual customer bills may vary.

ESTIMATED IMPACT OF THIS REQUEST ON GAS RATES The gas portion of this GRC represents a $104 million increase in revenue. SDG&E estimates that the requested revenue requirement may be distributed in the manner shown in the table below. How this increase is assigned to customer classes will be determined in a separate proceeding.